Apply on Employer Site

Trystar · 1 day ago

New Product Sourcing Manager

Faribault, MN

Full-time

Onsite

Senior Level, Lead/Staff

$100K/yr - $140K/yr

8+ years exp

Trystar is a leader in advancing power solutions with a dynamic team committed to tackling complex challenges. The New Product Development Sourcing Manager will manage sourcing and procurement activities for new product launches, ensuring timely delivery of components while collaborating closely with engineering and product management.

Electrical DistributionElectronicsManufacturing

Responsibilities

Identify and communicating sourcing risks early in the development cycle to drive mitigating designs and or focused Supplier Development

Align with Commodity/Category Managers to drive Supplier Evaluation, Selection, Development, Qualification, and Product Launch Ramp-up aligned with team milestones. Thoroughly vetting new suppliers to ensure they meet quality, delivery, and compliance requirements for the new product

Key Point for RFQ’s and Quoting Process

Identifying potential new sources in Technologies where existing relationships do not yet exist. Align with Category Managers to evaluate capabilities, pricing, and negotiating contracts to secure the best value for new products

Documenting & managing overall Project Sourcing Strategies. Providing regular updates on sourcing progress, cost analysis, and potential risks to stakeholders

Track and manage supplied component Quality, Supply Risk, Material Cost, Response / Lead Time, & Technology advancement for the full Device Bill of Material, (for both the new and legacy components)

Managing the sourcing and procurement activities related to new product launches, ensuring timely delivery of components and materials while meeting quality standards, collaborating closely with engineering, product management, and suppliers to facilitate a smooth transition from product development to production

Implement, manage, and monitor supplier contractual documents including Confidentiality Agreements (CDAs), Master Service Agreements (MSAs), Single Project Services Agreements (SPSAs), Research Agreements (RAs), etc., as applicable to ensure that these documents are current and cover key elements including IP protection, supply terms and conditions, and Environmental and Quality requirements

Support the set-up of funds, reconciliation of invoices, payments and run remittance reports

Develop, implement, and monitor performance measures and continuous improvement of technical integration and externalization utilizing data analysis and visualization tools and platforms

Qualification

Technical SourcingNew Product IntroductionNegotiation skillsLean SigmaSix SigmaElectrical EngineeringMechanical EngineeringISO StandardsPMI CertificationISM CertificationGreen BeltBlack Belt